6411 SW 57th Pl

    South Miami, FL 33143
    • $417,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: A10797803
    UPDATED: 72 min ago
    $417,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,094
      SQFT
    • $381
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    A turnkey opportunity: Duplex available in the well-located South Miami / Coral Gables sub-market. Prime location for potential student housing income " Across the street from University of Miami " In-place cap rate of 6.5% in area where properties are trading below 5% " UNIT MIX: 2/1 main house & detached efficiency unit " Undervalued Rents in highly desirable area Property is well maintained and has been upgraded: new floors, bathrooms all new, new appliances, and grounds regularly maintained. Solid roof, CBS construction. Upside exists in bringing rents up to market rate, adding coin laundry to boost NOI, & add add'l room to main house " thus increasing value/equity for new owner. Its superb location makes it highly desirable to prospective renters

    Monthly Payment Calculator



    Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2020-03-28T20:41:43.48.
    www.welovesouthflorida.com/homes/102281764

    6411 SW 57th Pl South Miami, FL 33143

    • Price: $417,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: A10797803
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1,094
    SQFT
    $381
    $/SQFT
    1950
    Built
    Neighborhood:
    University Park
    County:
    Miami-Dade
    Area:
    University Park
    Property Description
    A turnkey opportunity: Duplex available in the well-located South Miami / Coral Gables sub-market. Prime location for potential student housing income " Across the street from University of Miami " In-place cap rate of 6.5% in area where properties are trading below 5% " UNIT MIX: 2/1 main house & detached efficiency unit " Undervalued Rents in highly desirable area Property is well maintained and has been upgraded: new floors, bathrooms all new, new appliances, and grounds regularly maintained. Solid roof, CBS construction. Upside exists in bringing rents up to market rate, adding coin laundry to boost NOI, & add add'l room to main house " thus increasing value/equity for new owner. Its superb location makes it highly desirable to prospective renters
    Exterior Features

    Architectural Style Detached Construction Materials Concrete Block ConstructionCbs Construction Lot Features Less Than 1/4 Acre Lot Parking Total 4 Pool Private YN No Roof Shingle Waterfront YN No

    Interior Features

    Adjusted Square Footage 994 Cooling Central AirWall/Window Unit(S) Flooring Tile Heating CentralWindow/Wall Stories Total 1

    Property Features

    Association YN No Building Name University Park Cooling YN Yes Documents Available Accounting StatementsFinancial StatementInvestment AnalysisCopy Of Lease(S)Rent Rolls Heating YN Yes Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Listing Terms All CashConventional New Construction YN No Property Sub Type Duplex Public Survey Section 25 Rent Includes ElectricityGardenerTrash CollectionWater Senior Community YN No Sewer Public Sewer Tax Annual Amount 4773 Tax Year 2019 Water Source Municipal Water Year Built Details Effective Year Built

    Listing courtesy of New Wave Realty, Llc..


    Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2020-03-28T20:41:43.48.
     
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